Should You Be Moving Away From Dividend Stocks?

Wells Capital's Jim Paulsen contends that an improving economy argues for sector reallocation by the second half.

For the first time in this recovery, confidence is dominating fear in the stock market. Rather than suggesting irrational exuberance, this show of confidence may actually be a step toward rationality. Perhaps, emotional health is finally returning to an investment community severely scarred by the 2008 collapse which produced an obsession over multiple and mostly unrealistic calamity scenarios and widespread symptoms of "Armageddon psychosis."